meaning of concession
1. The act of conceding or yielding; usually implying a demand, claim, or request, and thus distinguished from giving, which is voluntary or spontaneous.
2. A thing yielded; an acknowledgment or admission; a boon; a grant; esp. a grant by government of a privilege or right to do something; as, a concession to build a canal.
3. a contract granting the right to operate a subsidiary business; "he got the beer concession at the ball
">park"
Related Words
concession | concessionaire | concessioner | concessionist |